| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.0B | $1.7B | 1.4% | 16.9% |
| Op. Income | $577M | $567M | $466M | 1.8% | 23.9% |
| Gross Margin | 67.4% | 68.3% | 66.9% | -0.9pp | 0.5pp |
| Net Margin | 27.7% | 26.2% | 23.8% | 1.5pp | 3.9pp |
| EPS (Diluted) | $1.56 | $1.46 | $1.16 | 6.8% | 34.5% |
| Free Cash Flow | $459M | $311M | $292M | 47.4% | 57.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $664M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $286M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $511M |
| Other Expenses | $0 |
| Operating Expenses | $797M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $577M |
| Interest Income | $94M |
| Interest Expense | $0 |
| Other Income/Expenses | $94M |
| INCOME BEFORE TAX | $671M |
| Income Tax Expense | $100M |
| Net Income from Continuing Ops | $571M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $565M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $565M |
| D&A | $116M |
| EBIT | $577M |
| EBITDA | $694M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $664M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $286M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $511M |
| Other Expenses | $0 |
| Operating Expenses | $797M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $577M |
| Interest Income | $94M |
| Interest Expense | $0 |
| Other Income/Expenses | $94M |
| INCOME BEFORE TAX | $671M |
| Income Tax Expense | $100M |
| Net Income from Continuing Ops | $571M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $565M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $565M |
| D&A | $116M |
| EBIT | $577M |
| EBITDA | $694M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $571M |
| Depreciation & Amortization | $116M |
| Stock-Based Compensation | $173M |
| Deferred Income Tax | -$65M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | $707M |
| Capital Expenditure | -$248M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $755M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | $98M |
| FREE CASH FLOW | $459M |
| Net Change in Cash | -$621M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $1.8B |
| Net Receivables | $1.3B |
| Inventory | $1.5B |
| Other Current Assets | $212M |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $4.4B |
| Goodwill | $348M |
| Intangible Assets | $25M |
| Long-Term Investments | $4.1B |
| Tax Assets | $997M |
| Other Non-Current Assets | $644M |
| TOTAL NON-CURRENT ASSETS | $10.5B |
| TOTAL ASSETS | $17.7B |
| Account Payables | $219M |
| Short-Term Debt | $0 |
| Deferred Revenue | $426M |
| Other Current Liabilities | $490M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $60M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $330M |
| TOTAL NON-CURRENT LIABILITIES | $389M |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $9.4B |
| Retained Earnings | $6.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.6B |
| Minority Interest | $94M |
| TOTAL EQUITY | $15.7B |
| TOTAL LIABILITIES & EQUITY | $17.7B |
| Total Debt | $0 |
| Net Debt | -$2.4B |
